In this week’s PeerIQ Industry Update they cover the slowing growth rate of consumer credit which points to consumers being...
American Express' Pay It Plan It mobile feature allows for installment payments on purchases of over $100; the mobile feature is associated with a customer's American Express card; the company says Pay It Plan It is available now on several consumer credit and co-branded cards and cards issued after June 1 will have the feature added by 2018. Source
As non bank lenders continue to gain market share across different loan segments, we wanted to give a complete overview...
A small group of American Express salespeople pushed credit cards on small business owners without adequate credit checks or through...
Here are the most read news stories from our daily newsletter today: American Express reportedly in talks to buy Kabbage...
A couple of weeks after rebranding, Bread Financial launched a feeless, unlimited 2% Cashback Amex Express credit card.
Payments fintech Stripe announced three major upgrades to their payments platform to help users increase revenue, direct connectivity to major...
Data from American Express, Synchrony Financial, Ally and Santander show that while debt levels might be at their highest level...
China’s central bank as accepted Amex’s application to start a bank card clearing business, but they still need to receive...
American Express is looking to use the same style data that has made PayPal and Square so successful in small business lending; Gina Taylor Cotter, senior vice president and general manager of global commercial financing at American Express. tells American Banker,“We have done some research on this and we are trusted providers, so this puts us neatly between banks that may have a longer application process and the online lenders who are fast, but maybe a bit more expensive." Source.